Browsing Economics (Scholarly Publications) by Subject "Climate change"

Now showing items 1-6 of 6

    • Climate Policy Under Fat-Tailed Risk: An Application of Dice 

      TOL, RICHARD S. J. (ESRI, 2011)
      Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ...

    • The Economic Impact of Climate Change in the 20th Century 

      TOL, RICHARD S. J. (ESRI, 22/02/2011)
      The national version of FUND3.6 is used to infrapolate the impacts of climate change to the 20th century. Carbon dioxide fertilization of crops and reduced energy demand for heating are the main positive impacts. Climate ...

    • The Marginal Damage Costs of Different Greenhouse Gases: An Application of FUND 

      Anthoff, David; Rose, Steven K.; Waldhoff, Stephanie; TOL, RICHARD S. J. (ESRI, 2011)
      We use FUND 3.5 to estimate the social cost of carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride emissions. We show the results of a range of sensitivity analyses, focusing on the impact of carbon dioxide ...

    • The Social Cost of Carbon 

      TOL, RICHARD S. J. (ESRI, 28/02/2011)
      This paper surveys the literature on the economic impact of climate change. Different methods have been used to estimate the impact of climate change on human welfare. Studies agree that there are positive and negative ...

    • Trade Liberalisation and Climate Change: A CGE Analysis of the Impacts on Global Agriculture 

      Calzadilla, Alvaro; Rehdan, Katrin; TOL, RICHARD S. J. (ESRI, 2011)
      Based on predicted changes in the magnitude and distribution of global precipitation, temperature and river flow under the IPCC SRES A1B and A2 scenarios, this study assesses the potential impacts of climate change and CO2 ...

    • The Uncertainty about the Total Economic Impact of Climate Change 

      TOL, RICHARD S. J. (ESRI, 14/04/2011)
      This paper uses a vote-counting procedure to estimate the probability density function of the total economic impact as a parabolic function of global warming. There is a wide range of uncertainty about the impact of climate ...